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Finance and Business

July 12th, 2013
UPDATE: Summer Sizzle BVI eyeing Caribbean supremacy!

ROAD TOWN, Tortola, VI –Summer Sizzle BVI 2013 received the assurance of another explosive season of fashion, fun and adventure with an overwhelming response to the “Tick off Session”-the first of four days of activities for the ever growing fashion event this weekend.

July 11th, 2013
Kareem-Nelson Hull In! Janette N. Brin Out! at LIME

PALESTINA ESTATE, Tortola, VI- After this news site first and accurately reported last month that Telecommunications giant LIME BVI had laid off two of its senior employees, word now comes that a new post was created within the company and it has since been filled.

July 10th, 2013
Premier’s speech was about ‘licking old wounds’- BVICCHA Chairman

ROAD TOWN, Tortola, VI - Chairman of the British Virgin Islands Chamber of Commerce and Hotel Association (BVICCHA) Mr Jamal S. Smith has heavily criticised the recent Territory update speech by Premier Dr the Honourable D. Orlando Smith. The BVICCHA Chairman said the speech was very political, licking old wounds and most importantly failed to present any policy designed to bring any re-dress to the damaged economy of the Virgin Islands.

July 9th, 2013
Hon. Fahie slams Premier Smith’s Territory update speech

ROAD TOWN, Tortola, VI – Many persons within the Virgin Islands, including politicians, past Ministers of Government and those within the business community, have expressed either distaste, no interest, or high levels of concern about the recent address made by the Premier of the Virgin Islands and Minister of Finance, Dr the Honourable D. Orlando Smith.

July 2nd, 2013
Our economy is in free fall yet the Premier is silent-Hon. Fraser

ROAD TOWN, Tortola, VI- Firing back at statements made in the last House of Assembly sitting where the Premier of the Virgin Islands and Minister of Finance Dr. the Honourable D. Orlando Smith claimed that the economy is “robust”, Third District Representative and Opposition Member Hon. Julian Fraser RA, today 2, July 2013 released a comprehensive statement on the state of the economy.

June 27th, 2013
Suzuki Grand Vitara top prize for Digicel’s Summer promotion

ROAD TOWN, Tortola, VI - The sight of a brand new Suzuki Grand Vitara perched on the trailer of a Digicel branded truck, and the sound of popular radio personality Paul Gadiethz Peart announcing that it’s all up for grabs in the Digicel summer promotion were just enough to have persons rush to the flagship store today, June 27, 2013 to give themselves a chance of winning the top prize as well as the handsome weekly prizes on offer.

June 27th, 2013
Global investment falters but tax havens prosper, U.N. finds

By Tom Miles, REUTERS

Efforts to stop companies syphoning money through tax havens are failing and offshore centres increased their share of foreign direct investment (FDI) again last year, according to a U.N. report.

June 25th, 2013
Guernsey’s dual regime interests US fund managers

ROAD TOWN, Tortola, VI- Guernsey’s intention to operate a dual regime for the distribution of funds into both EU and non-EU countries in response to the Alternative Investment Fund Managers Directive (AIFMD), has been met positively by fund managers in the US.

June 22nd, 2013
‘Stoutt’s Look Out’ the coolest place to ‘hangout’!

WINDY HILL, Tortola, VI- Overlooking the magnificent Cane Garden Bay beach and with a steady sea breeze coming in, thus no need for air-conditioned units, the newly opened Stoutt’s Look Out at Windy Hill is really one of the ‘coolest’ places to hangout.

June 21st, 2013
Fmr. CCT employees head to Labour Department

ROAD TOWN, Tortola, VI – More headaches may have arisen for CCT Global Communications after several employees who were recently made redundant expressed dissatisfaction with the way their termination was being handled.

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